The Phenomenon of Worldwide Inflation
David Meiselman, American Enterprise Institute for Public Policy Research, Hoover Institution on War, Revolution, and Peace
American Enterprise Institute for Public Policy Research, 1975 - Inflation (Finance) - 218 pages
Papers presented at a conference held in Washington, D.C., May 1974, sponsored by the American Enterprise Institute for Public Policy Research and the Hoover Institution on War, Revolution, and Peace. Includes bibliographical references.
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INFLATION AS A WORLDWIDE PHENOMENON
COMMENTARY ON THE PAPERS
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acceleration adjustment annual rate assets average balance of payments billion Bretton Woods system Canada capital controls costs country's currency deficit countries deflation devaluation discussion domestic economic effects equilibrium Eurodollar Excess inflation exchange-rate expected exports factors Federal Reserve fiscal policy fixed exchange rates fixed rates flexible exchange rates floating exchange rates foreign-exchange gold Gottfried Haberler Gutowski Haberler important income velocity increase industrial countries inflation rate inflationary bias inflationary pressures integration interest rates international monetary system international reserves Japan Laffer Meiselman monetarist monetary authorities monetary expansion monetary growth monetary policy money stock money supply Mundell nominal GNP nominal money official-settlements paper par values par-value changes parities percent period Phillips curves political price level price-level stability Professor rate of inflation reduce result surplus countries system of fixed theory trade trend U.S. dollars U.S. inflation unemployment rate variables wage world inflation worldwide inflation